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Fluid and thermal management company $PNR reported 1Q16 net income of $107.4MM or $0.59 per diluted share, down 5.7% versus $113.9MM or $0.62 per diluted share in 1Q15, hurt by higher cost of goods sold and other expenses. Net sales rose 6.8% to $1.6Bil, driven by sales growth in Water Quality Systems and Technical Solutions segments.
$WBA is yet to receive US anti-trust clearance for its Rite Aid acquisition. The deadline for the deal expires on January 27.
$BMY plunge 7.2%. No credits to the non-acceleration of approval for lung cancer combination treatment.
Well this is big! I don’t know if it’s someone’s monopoly or genuine excitement, but either way, $CSX is up 23% after market closed. I heard some activist investor is going to blow big money into CSX Corp. Anyone mind explaining?